Saudi Basic Industries Corp.
Long
Aggiornato

Tadawul Trade Update on 2010 (Saudi Basic Industries)

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Our goal for this trade is to achieve +15% within 90 days, perfectly aligning with our annual yield target.

⚠ Do not enter right away — wait for the daily candle to close bullish before taking a position.
Daily resistance has been broken, signaling bullish momentum.
Weekly chart structure is bullish, adding confidence to the setup.
We will monitor price action closely and update once an alert is triggered.

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Our primary objective in the stock market is to grow our capital by 35–40% annually. To achieve this, we diversify our portfolio into 5–10 different securities. Profit targets are set on a monthly, quarterly, or half-yearly basis:
• Monthly: Close the position if it gains 10-15%.
• Within 2–3 months: Close if it gains 15-20%.
• Within 6 months: Close if it gains 20–30%.
This structured approach ensures consistent profit-taking while managing risk.
The real purpose of closing a position is to book profits and free up capital so it can be invested in better opportunities.
"For regular trading insights on Tadawul, make sure to follow us and stay ahead in the market."

Trade attivo
The daily candle indeed closes bullish, this is our entry

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